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City / Town Overview

Erie, PA

Aggregate real estate market report across all ZIPs in scope
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The Erie, PA real estate market currently shows 257 active listings, with 136 pending sales. Homes are averaging 60.2 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 60.2 days on market compared to 56.4 days last year.

The median listing price has fallen 0.7% year-over-year, from $224,609 to $223,036.

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Market Context

Market Context

Population: 181,079  ·  Density: 1,191.0/mi²  ·  Median household income: $56,562

Typical home value: $141,364  ·  Homeownership: 62.1%

Included Areas

Erie: 16501, 16502, 16503, 16504, 16505, 16507, 16509, 16510, 16511, 16512, 16514, 16515

Westminster: 16506

Homecrest: 16508

Area Map

Market Overview

Active Listings
257
⇩ 0.4% vs 258 last year
Pending
136
53% pending ratio
Median Price
$223,036
⇩ 0.7% vs $224,609 last year
Average Price
$297,634
⇩ 4.4% vs $311,444 last year
Days on Market
60.2
⇧ 6.7% vs 56 days last year

Price Per Square Foot

Median $/sqft
$142
⇧ 4.7% vs $136/sqft last year
Median Home Size
1,595 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %